News Africa07 Dec 2020

Namibia:Short-term insurance sector posts slightly lower profit before tax in 2019

| 07 Dec 2020

The short-term insurance industry posted a profit before tax of N$639.4m ($43m) for the year ended 31 December 2019, representing a decline of 3.6% over 2018, according to the latest annual report of the Namibia Financial Institutions Regulatory Authority (Namfisa).

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